date:Jun 08, 2012
g over possible El Nino weather conditions that could threaten crops, however even if Brazil were have a poor output Rabobank predicts that the surplus could be reduced by 2m tonnes, but it would not significantly alter global supply demand balance. However, if the Brazilian government were to introduce measures to improve the profitability of ethanol, a larger share of the crop could be diverted from sugar production to ethanol.